The St. Johns herald., 1887-04-14

disposed of in pursuance of the provisions of this act, and shall, at least one year before such bonds become due and in time to provide the means for their payment cause to be levied sufficient additional sum to pay said bonds as they be- come due, and all taxes shall be levied, assessed and collected as other county taxes are.
 Sec. 10. Until the bonds issued under the provisions of this act are fully paid, including the interest thereof, the faith, credit and all tax able property within the limits of the counties, as constituted at the time of such issue, and all increase of taxable property therein are, and shall continue pledged, and the proper officer of the county shall continue to assess and collect, on the taxable property within said limits the necessary taxes to pay said bonds and the interest thereon, as the same becomes due; but in case of a division of a county, or detaching any of its territory, the segregated territory shall be re- lieved of such taxation only when the county acquiring such territory pays to the county losing the same, the same proportion of the whole indebtedness of the county, as the assessed value of the property in the segregated territory be as to the assessed value of the property in the whole county as constituted be- fore the division thereof, and an- nually as any part of the principal or interest of said indebtedness shall become due, the new county or counties acquiring such detach- ed territory, shall collect and pay to the county from which such ter ritory has been detached the full amount of proportion of indebted ness which would have fallen to such detached territory, if such segregation had not been made, the same shall be apportioned by ascer- taining the amount ot said indebt- edness, which said detached terri tory would pay for the current year on the valuation and percentage of taxation adopted in the county from which said territory may been detached.
 Sec. II. If sufficient money shall not be realized each year from the collection of taxes to pay the in- terest when due, the deficiency shall be paid by the Treasurer out of the general fund of the county; if any money remains after paying the in- terest out of the taxes collected each year, the surplus shall be paid by the Treasurer into the general fund of the county.
 Sec. 12. It shall be the duty of the County Treasurer to apply the funds derived from the sale of the bonds to the payment of the in- debtedness herein mentioned, and to no other purpose, and it shall be the duty of the respective county officers to levy, collect and apply the tax herein provided, for the pay ment of interest and redemption of the principal of the bonds in the manner specified, and for no other purpose; and any failure to comply with the conditions of this act by the proper officers, or any neglect or refusal to levy and collect any such tax as aforesaid, shall be deemed misdemeanor, and upon conviction in court having juris- diction thereof, shall be fined in an amount equal to the sum that should have been levied, or for any misappropriation, he shall be fined in amount equal to the sum appro- priated; and imprisoned in the county jail for not less than six nor more than twelve months, and the said officer shall stand charged up- on his official bond for said fine imposed, and if the said Board of